Learning Goal: I’m working on a management question and need guidance to help me
Learning Goal: I'm working on a management question and need guidance to help me learn.Case Discussion: Smithfield Custom Furniture (Part 4 Conclusion)This case discussion continues with the Smithfield Furniture Company. (You may desire to briefly review the facts provided to you in Discussions 1—3 to address this week’s discussion.)It is now April 1, 2020. The 2015 purchase of You Figure it Out was culminated, and the planned integration of their manufacturing and sales, as described in Discussion 3, fully completed. The company now has 411 stores and 24,000 employees. 344 of the 411 retail outlets all sell the upscale and moderately priced lines; 51 retail outlets (Texas (6), California (13), New York (15), Nevada (4), Florida (9), and North Carolina (4) sell only the You Figure it Out brand. These 51 stores employ 2,000 of the 24,000 workers. There are 16 stores overseas, Spain (4), France (4), Germany (4), and England (4), that sell all 3 product lines. These stores employ 1,000 workers. Half of these employees work in retail stores. The other half work at various seaports in their countries, receiving furniture and delivering the furniture produced in the US to various stores and customers. In 2015, Margot Smithfield and the 12-member board of directors purchased You Figure it Out, a moderately profitable 51 store chain of ultra-modern furniture. The furniture and furniture-related accessories of You Figure it Out were all made in China. Still, with the 2015 acquisition, all furniture is manufactured at 1 of the 5 furniture manufacturing plants in the United States. Their retail stores are located in Texas (6), California (13), New York (15), Nevada (4), Florida (9), and North Carolina (4).Financial Info:2019 Gross Sales (all product lines) - $1.6 Billion US. 2019 Net Profit - $440 Million April 30, 2020 (Cash Reserves) - $2.8 Billion Sixty percent (60%) of sales, gross revenues, and expenses are associated with the upscale product line. Twenty-five percent (25%) of sales, gross revenues, and expenses are associated with the You Figure it Out product line. Fifteen percent (15%) of sales, gross revenues, and expenses are associated with overseas outlets. In other words, for this case activity, all 3 product lines are proportional in terms of revenue and expenses. The Management Issue: Presently, it is believed that as early as March 2020, the possibility exists for the company to be in the throes of a worldwide rapidly spreading, highly contagious, debilitating, and often fatal viral pandemic. The company must plan for this eventuality to occur. Your Task for Your Initial Post Margot Smithfield has requested you, based on the course materials you have studied the past seven weeks related to Planning, Organizing, Leading, and Controlling, to briefly discuss (supported by course materials. in-text citations, and references) the major impact this pandemic will have on Smithfield Custom Furniture's Planning, Organizing, Leading and Controlling functions. You can assume a vaccine will be available and distributed worldwide 18 months from the start of the pandemic. After you have discussed the major impact the pandemic will have on the company's Planning, Organizing, Leading, and Controlling functions, you must indicate for each of those functions the most significant action the company will need to take to ensure its survival, assuming the pandemic's effects will last 18 months. ---------------------------------------------------------------------------------------------------------------------------------------------------------------------Two Options for Your Required Replies to Classmates Option 1 is to find an issue of the classmate to whom you respond with which you disagree. You must state why you believe there is a better manner to address a particular issue that differs from your classmate’s response. You must state the major idea associated with your choice and why that idea applies to the issue more appropriately. Your reply must be supported with course materials, in-text citations, and references.Option 2 occurs if you agree with all of a particular classmate’s initial posting responses. In that case, you must expand on one issue that your classmate presented. Your enhancement will provide more depth or other related factors that your classmate should consider. Your reply must be supported with course materials, in-text citations, and references.Note: You may use either Option 1 or Option 2 for each different classmate to whom you respond.Instructions for Responses to Classmates’ PostsAfter you have created your initial post, look over your classmates' discussion posts and give at least two responses to different classmates (one per classmate) as outlined in the Discussion Grading Rubric.A response posting should be a minimum of one short paragraph. Word totals for these posts should be in the 75–150-word range. The goal of your response posts is to extend discussions already taking place or pose new possibilities or ideas not previously voiced. Your goal should be to motivate the group discussion and present a creative approach to the topic. Do not merely agree or disagree, repeating what a classmate stated or what you have already stated. Explain the ‘why or how’ with supporting evidence and concepts from the course material. Include in-text citations and associated references within a reference list.See attachments for the 4 student that need responses and please load each response to the bottom of each word document.Only references that can be used are below and the reference list on each students attachments:http://www.systems-thinking.org/stada/stada.htmhttps://www.youtube.com/watch?v=AP7hMdnNrH4https://www.youtube.com/watch?v=iN_A7keXtVghttps://www.managementstudyguide.com/introduction-to-agile-business.htmhttps://www.managementstudyguide.com/being-agile-and-future-proof.htm Requirements: 75–150 words per student response

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